Dynatrace, Inc. (DT)
Market Cap | 15.98B |
Revenue (ttm) | 1.30B |
Net Income (ttm) | 169.32M |
Shares Out | 304.39M |
EPS (ttm) | 0.57 |
PE Ratio | 94.63 |
Forward PE | 45.94 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,664,811 |
Open | 53.91 |
Previous Close | 54.19 |
Day's Range | 53.69 - 54.32 |
52-Week Range | 35.39 - 55.87 |
Beta | 1.14 |
Analysts | Strong Buy |
Price Target | 55.38 (+2.67%) |
Earnings Date | Jan 31, 2024 |
About DT
Dynatrace, Inc. provides a security platform for multicloud environments. It operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training service... [Read more]
Financial Performance
In 2022, Dynatrace's revenue was $1.16 billion, an increase of 24.65% compared to the previous year's $929.45 million. Earnings were $107.96 million, an increase of 105.83%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for DT stock is "Strong Buy." The 12-month stock price forecast is $55.38, which is an increase of 2.67% from the latest price.
News
Dynatrace CEO on investing in AI and state of the observability market
Rick McConnell, Dynatrace CEO, discusses the observability market, artificial intelligence, and tech sector leadership.

10 ‘better values' in the stock market, selected for the next two years
Since market valuations are always changing, along with outlooks for corporate revenue and earnings, any list of favored stocks is only a snapshot. Repeating the same analysis in the near term might l...

Thoma Bravo to sell about $500 million in Dynatrace stock
Dynatrace Inc. DT, +2.22% said Wednesday its stockholder Thoma Bravo is selling 10 million shares of its stock. Dynatrace stock was down 3.8% in premarket trading.

Dynatrace Announces Pricing of Public Offering by Selling Stockholders
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the pricing of an underwritten public offering of 10,000,000 shares of common s...

Dynatrace Launches Proposed Public Offering by Selling Stockholders
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the commencement of an underwritten public offering of 10,000,000 shares of com...

Dynatrace to Present at Upcoming Investor Conferences
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that its executives will present at three upcoming investor conferences, as fol...

Dynatrace Launches New Kubernetes Experience for Platform Engineering Teams
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced its new Kubernetes Experience for platform engineering teams. Powered by the Dy...

Dynatrace Reports Second Quarter of Fiscal Year 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the second quarter of fiscal 2024 ended September 30, 202...

Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers' Insights
Combining Kyndryl's end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass. , Nov. 1, 2023 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's l...

Dynatrace to Report Second Quarter of Fiscal 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report its second quarter of fiscal 2024 ended September 30, 2023 ...

Latest Dynatrace Platform Innovations Available to Customers on Microsoft Azure
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the availability of its latest core innovations for customers running the Dynat...

Global Report Reveals DevOps Automation Is Becoming a Strategic Imperative for Large Organizations, but Only 38% Have a Clear Strategy for Implementing It
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the findings of an independent global survey of 450 IT practitioners responsibl...

Dynatrace Releases Inaugural Global Impact Report
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today released its inaugural Global Impact Report. The report underscores the company's commitm...

Technology Executive Amol Kulkarni Appointed to the Dynatrace Board of Directors
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the appointment of Amol Kulkarni to its Board of Directors effective on Septemb...

Dynatrace to Present at Upcoming Investor Conference
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that its executives will present at the Goldman Sachs Communacopia and Technolo...

Dynatrace Unveils Security Analytics, Providing Actionable Insights for Proactive Defense Against Threats to Cloud Applications
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the introduction of Security Analytics, a new Dynatrace® platform solution desi...

Dynatrace Revenue Up 25%, Stock Tumbles. Goldman Sees 24% Upside
Goldman Sachs sees 24% upside given its price target of $59

Dynatrace Reports First Quarter of Fiscal Year 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced financial results for the first quarter of fiscal 2024 ended June 30, 2023. “Dy...

Dynatrace to Acquire Rookout to Deliver Code Debugging in Production Environments
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has signed a definitive agreement to acquire Rookout, a provider of enterpri...

Dynatrace Expanding Davis to Deliver the Observability and Security Industry's First Hypermodal Artificial Intelligence, Converging Predictive, Causal, and Generative AI
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it is expanding its Davis® AI engine to create the industry's first hypermodal ...

Dynatrace taps hypermodal AI for faster application observability
Application observability leader Dynatrace today expanded its Davis AI engine with new generative AI capabilities.

Dynatrace Announces Expanded Multi-Year Consumption Commitment and Go-To-Market Partnership with Microsoft
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced an expanded multi-year consumption commitment and go-to-market (GTM) partnershi...

Dynatrace to Report First Quarter of Fiscal 2024 Financial Results
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, announced today that it will report its first quarter of fiscal 2024 ended June 30, 2023 financ...

Dynatrace Ranked #1 Across All Six Use Cases in the 2023 Gartner® Critical Capabilities for APM and Observability Report
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced its platform ranked #1 in all six Use Cases in the 2023 Gartner Critical Capabi...

Dynatrace Named a Leader and Positioned Furthest for Vision and Highest in Execution in the 2023 Gartner® Magic Quadrant™ for APM and Observability
WALTHAM, Mass.--(BUSINESS WIRE)--Dynatrace (NYSE: DT), the leader in unified observability and security, today announced that Gartner has named it a Leader in the 2023 Magic Quadrant for Application P...